OKX to support FXS crypto migration
This is a general update. Please check the availability of the listed token or product for your region in the app.
According to the official plan of Frax Finance, OKX will support the FXS crypto migration to FRAX at a 1:1 ratio as per the following schedule:
Futures
FXSUSDT perpetual futures will be delisted at 8:00 UTC on Dec 26, 2025. Relevant orders in the order book will also be canceled after the delisting.
Trading bots for this pair will gradually close. If you are concerned about fees or slippage from automatic closures, we recommend stopping them manually.
Spot Trading & Related Services
All pending orders for FXS crypto will be canceled and the FXS spot trading pairs FXS/USDT will be suspended between 2:00 and 3:00 UTC on Dec 29, 2025.
All pending orders for FXS crypto will be canceled and the FXS spot trading pairs FXS/EUR will be suspended between 02:00 and 03:00 UTC on Dec 26, 2025.
Related trading services (such as Buy/Sell and Convert) will be suspended from 08:00 UTC, December 23, 2025.
Trading bots for the affected pairs will gradually close between 01:00 and 02:00 UTC on the respective delisting dates. If you are concerned about potential fees or slippage from automatic closures, we recommend stopping them manually.
Deposits, Withdrawals & Transfers
FXS transfers, deposits, and withdrawals will be suspended at 3:00 UTC on Dec 29, 2025.
Snapshot & Migration
An account snapshot will take place at 3:00 UTC on Dec 29, 2025. The snapshot will take place in both OKX funding and trading accounts.
The subsequent crypto migration will take place between 3:00 UTC on Dec 29, 2025, and 10:00 UTC on Dec 31, 2025.
New crypto FRAX deposits and withdrawals will open after the crypto migration.
Please note:
At the time of the snapshot, all the FXS crypto that are being withdrawn or not deposited successfully will not be included in the migration.
Holdings under 1 FXS (open orders excluded) will not be included in the migration.
During the token migration period, your FXS valuation will be unavailable. Once the migration is complete, all eligible FXS will be converted to FRAX, and FXS will no longer be shown in your asset list.
Please note that OKX will strive to complete the crypto migration within the specified time frame. However, due to the need for coordination with the project team and other parties, there may be delays in the crypto migration process.
Token migration will not be processed for users with KYC level lower than Lv.2 . Please upgrade your KYC level to process token migrations.
The migration of FXS to FRAX is a technical process to ensure users’ assets remain safe and secure following the project’s official upgrade. OKX will continue to monitor the progress of migration and coordinate with the Frax team. Updates regarding the trading availability of FRAX will be announced separately once evaluations are complete.
The listing of the new FRAX token is still subject to internal evaluations.
Risk warning:The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to Terms of Service and Risk & Compliance Disclosure for more information.For any inquiries, please feel free to contact us via the support center or connect with us on any platform of your choice.
OKX team
December 23, 2025